Quote:
Originally Posted by Corey
Again, my situation is a personal thing that I understand. I know that if I have a credit card, I'll carry a debt with it and spend more than is necessary. I've done it in the past and got in a large debt. So, it's an understanding that the benefits of a credit card would probably be negligible for my situation. The rewards, though very convenient to have, are also negligible. My bills are paid through automatic draft off my bank account. Any expenditure beyond that is minimal. I've paid off my car, bike, and loans (except student loans). I've budgeted everything around being a "poor" college student for the next two years to afford me the opportunity of not having to work and being a full time student. A credit card is a variable that could potentially throw that off, so it's not benefitial for my situation. That will most likely change when I'm out of school and making real money again, but that'll be an adjustment made when necessary.
|
Tough to argue with that logic.
I've been there before too.
At this point, I see the debit card as more of a liability than a CC but everyone's situation is different.